Summary: Bristol-Myers Squibb's short percent of float has fallen by 5.98% since its last report, indicating a decrease in short interest. The company has 35.12 million shares sold short, taking traders 2.66 days on average to cover their short positions. Compared to its peers, Bristol-Myers Squibb has less short interest, which could be seen as bullish for the stock.
Full articleSummary: JPMorgan Chase commits $10 million to Affordable Housing Trust in Central Ohio to increase affordable housing units and support underrepresented developers. This investment aims to address the housing challenges facing the region due to rapid population growth, creating pathways for economic opportunity.
Full articleSummary: Zacks Style Scores are unique guidelines for rating stocks based on value, growth, and momentum. Value investors are interested in finding stocks under their true value. Pfizer (PFE) is a good value stock with positive earnings estimates and strong fundamentals.
Full articleSummary: Tether strategically invests $200 million in Blackrock Neurotech to boost BCI technology, expanding its offerings beyond stablecoins into various sectors like data, education, and power.
Full articleSummary: Colgate-Palmolive has delivered a strong performance in Q1 of 2024, with 6% net sales growth, improved gross margins by 310 basis points, and expectations of mid to high single-digit base business earnings per share growth. Market share growth was driven by balanced volume and price growth, strong innovation, and increased advertising spending. The company anticipates margin expansion despite challenges like inflation and foreign exchange headwinds, with a focus on revenue growth management and brand investments to drive future growth.
Full articleSummary: Tether, a cryptocurrency company known for issuing USDT, has made a substantial $200 million investment in Blackrock Neurotech, a biotechnology firm specializing in brain-computer interfaces, to expand into the field of BCI technology and healthcare transformation.
Full articleSummary: PayPal Holdings (PYPL) will report first quarter earnings, with investors assessing the new CEO's strategic decisions. Analysts predict 4% EPS growth and a 7% revenue increase. The stock has gained 8% in 2024.
Full articleSummary: Apple stock has been down 9% YTD due to various challenges. Analysts upgraded the stock to outperform, citing potential for a strong iPhone 16 cycle. Expectations are low for Q2 earnings report but positive outlook on services business and Apple Vision Pro headset sales.
Full articleSummary: JPMorgan Chase & Co. (JPM) is one of the most searched-for stocks on Zacks.com. Analysts are focused on evaluating the company's earnings estimates, revenue growth, and valuation metrics to determine its performance in the near term.
Full articleSummary: Tesla (TSLA) wins approval for Full Self-Driving (FSD) in China and stock surges, Elon Musk focuses on AI and announces $10 billion investment in 2024, Cathie Wood endorses Tesla's AI efforts
Full articleSummary: Nike and Devin Booker are expanding their silhouette offerings with the Book 1 Hike Pack, inspired by Booker's summer hikes.
Full articleSummary: GE Vernova's Relative Strength Rating increased from 67 to 75, indicating improved market leadership.
Full articleSummary: Apple is expected to introduce new iPad Pro 2024 and iPad Air 2024 models with significant upgrades, including OLED display for the iPad Pro and dual display sizes for the iPad Air.
Full articleSummary: Intel is investigating crashes and issues with some high-end Core i9 and Core i7 processors, with the focus on motherboard makers modifying power limits and safeguards to boost performance. The company recommends using Intel's defaults for certain settings and plans to release a statement in May 2024.
Full articleSummary: Fool.com contributor Parkev Tatevosian evaluates PayPal stock to determine if investors should buy, PayPal makes the list of 10 best stocks according to Motley Fool Stock Advisor.
Full articleSummary: Assam down town University (AdtU) and IBM announced a collaboration to equip students with IT skills in cloud, artificial intelligence, data science, and predictive analytics.
Full articleSummary: Booking Holdings (BKNG) is expected to announce quarterly earnings of $14.03 per share, a 21% increase from the previous year, with revenues forecasted at $4.25 billion, a 12.5% increase. Analysts' estimates for specific metrics such as 'Revenues- Merchant' and 'Gross Bookings - Merchant' indicate positive year-over-year growth. Booking Holdings' stock has a Zacks Rank #1 (Strong Buy), suggesting potential outperformance relative to the market.
Full articleSummary: Google strengthens advertising ties with major media companies through partnerships using its Display & Video 360 tools, including Disney, Warner Bros. Discovery, and Paramount Global. The tech giant is one of the first partners to integrate into Disney’s Real-time Ad Exchange (DRAX), aiming to enable advertisers to target consumers directly through Disney’s streaming portfolio for more effective ad placements.
Full articleSummary: Google is strengthening advertising ties with major media companies like Disney, Warner Bros. Discovery, and Paramount Global through partnerships using its Display & Video 360 tools. Marketers using Google's DV360 have seen a higher return on ad spend when compared to third-party video and linear TV.
Full articleSummary: Gilead Sciences (GILD) has been one of the most searched stocks on Zacks.com. The company has seen a significant decrease in its stock price and earnings estimates, resulting in a Zacks Rank #4 (Sell). The stock is currently trading at a discount compared to its peers.
Full articleSummary: Coca-Cola is set to report earnings for the last quarter on April 30, with analysts expecting an EPS of $0.697, an increase from $0.680 in the same quarter last year. Sales are expected to increase by 0.44% to $11.01 billion compared to the same period last year. Full-year profit is projected to be $2.81 per share, up from $2.48 in the previous year.
Full articleSummary: Alphabet (GOOGL) reported better-than-expected first quarter earnings, announced a $70 billion stock buyback plan, and approved its first-ever dividend, leading to a 15% jump in after-hours trading and increased valuation by $196 billion. The company's dividend is currently yielding 0.46% with a payment of 20 cents per share, payable to shareholders on June 17. Alphabet's earnings per share of $1.89 and quarterly revenue of $80.5 billion surpassed forecasts by 25.61% and 2.34%, respectively.
Full articleSummary: PepsiCo (PEP) has been outperforming the Consumer Staples sector so far this year in terms of year-to-date returns, with a return of 3.4% compared to the sector's average of 1.7%. Analyst sentiment towards PepsiCo is positive, with a Zacks Rank of #2 (Buy) and an increase in the Zacks Consensus Estimate for full-year earnings.
Full articleSummary: Bill Gates has been quietly active in Microsoft's AI strategy and operations, advising CEO Satya Nadella and reviewing company's products. Gates played a key role in brokering Microsoft's partnership with OpenAI and launching its AI assistant, Copilot.
Full articleSummary: Ford Fund, a nonprofit organization fueled by Ford Motor Co., changes name to Ford Philanthropy, reaffirming its commitment to charitable contributions and community partnerships. Ford Philanthropy has devoted over $1.5 billion to nonprofits worldwide and made a multimillion-dollar commitment to Team Rubicon, a U.S. veteran-led humanitarian organization.
Full articleSummary: Elon Musk is shifting Tesla's focus towards AI technology and away from vehicle production, significantly increasing investments in AI training and inference, with a particular emphasis on AI in cars. Musk's strategic pivot reflects a move towards positioning Tesla as a tech company rather than solely an automaker.
Full articleSummary: Oppenheimer's Scott Schneeberger maintained a Hold rating on United Rentals (URI), while Truist Financial reiterated a Buy rating. KeyBanc's Kenneth Newman also gave a Hold rating to URI. The company's shares closed at $690.80. Insider activity shows a negative sentiment on the stock.
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